BTC Options Sold at $90K and $100K Strikes, Threatening Bitcoin's Bullish Momentum

Dealers have reportedly purchased BTC options at $90,000 and $100,000 strikes on Deribit, as per Amberdata. The cryptocurrency's rally could lose momentum if it reaches those levels. Despite bitcoin's ongoing surge, there is a possibility that it may be rangebound above $90,000 due to a potential force that could slow its ascent.